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20121112
20121120
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. it is import how we get into the deficit situation. many viewers will remember when bill clinton left office this country had a surplus. we went to war in iran and afghanistan. bush and others decided not to pay for the war. that adds to the deficit. if you give a huge tax breaks, that adds to the deficit. if there is a recession, less revenue is coming in to the government. revenue is the lowest in six years. that is how we are where we are. we have to do this in a way that is fair, not on the backs of people that are working 60 or 70 hours a week and not on the backs of children by cutting their health insurance program and not on the backs of senior citizens. the struggle is to understand how we got to where we are and how do we go forward in reducing the deficit and creating jobs in this country. host: it was announced that there will be a caucus with the democrats. we see this headline in "the boston globe." what advice did you have for this fellow independent? guest: we have spoken a couple of times recently. essentially what he asked me about it is what is a like to function within th
starting in 2003 when the statutory budget controls that are supported by president bush 41 and bill clinton expire. that meant the so-called payroll rules that you could not end up doing that finance it cuts, could not expand new government programs of the should pay for it. they expired. washington spun out of control. three things happen in 2003. the second round of tax cuts, we could not afford them. we invaded a sovereign nation without declaring war, without paying for it -- iraq. we expanded medicare to add prescription drugs, added $8 trillion to medicare was already underfunded about $20 trillion. irresponsible. things have frankly gotten worse since. host: mike, centerville, massachusetts. a democrat. caller: hi. i am wondering why since our healthcare system is one of the biggest drivers on our national debt what we never hear cbo numbers comparing single payer to the private situation have in place now. guest: mike, cbo is generally requested to do work. frankly, they have a huge supply and demand imbalance. they're getting a lot more requests than resources -- then they
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